Mcdermott international, inc. (MDR)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
Assets
Current assets:
Cash and cash equivalents ($239 and $213 related to variable interest entities ("VIEs"))

1,177

790

677

455

413

520

580

814

412

390

416

393

623

595

500

470

696

664

631

576

600

665

643

764

268

118

282

427

461

640

638

644

788

570

403

301

209

403

-

777

775

899

784

671

586

Restricted cash and cash equivalents

397

393

333

327

326

325

325

324

6

18

18

15

18

16

99

112

101

116

135

194

199

187

239

189

43

23

18

24

21

18

23

24

24

21

14

157

206

197

-

150

96

69

64

81

50

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

20

-

Accounts receivable—trade, net ($92 and $102 related to VIEs)

832

942

935

1,002

977

932

1,093

968

395

328

263

331

199

334

274

273

271

208

123

287

213

143

271

225

332

381

341

318

443

428

548

402

388

445

296

357

297

323

279

568

550

642

650

731

712

Accounts receivable—other ($29 and $32 related to VIEs)

186

178

209

235

149

175

252

130

52

42

47

40

45

36

43

54

55

66

61

67

73

79

75

72

109

89

110

65

65

75

63

62

61

53

36

52

37

28

-

64

66

68

86

87

139

Contracts in progress ($246 and $195 related to VIEs)

979

703

1,063

932

1,006

704

723

918

506

621

855

619

473

319

301

304

358

435

515

400

380

357

336

440

431

425

586

623

544

560

499

471

259

287

300

165

122

65

116

351

408

400

503

381

311

Project-related intangible assets, net

27

33

68

94

114

137

176

129

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts and notes receivable-unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

9

5

4

1

1

Inventory

-

-

52

42

106

101

58

48

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

100

97

101

116

120

128

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

10

12

7

7

9

7

7

11

7

6

9

11

12

15

11

13

20

12

10

12

90

107

100

90

103

97

Current assets of discontinued operations held for sale

2,451

306

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

-

14

1

1

1

1

1

1

2

-

-

-

3

20

13

14

10

18

-

-

-

-

-

-

Total cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

424

-

-

-

-

-

-

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

-

-

19

28

48

54

109

159

173

257

209

216

-

0

0

241

279

131

Other current assets ($25 and $25 related to VIEs)

192

210

149

152

148

139

145

190

43

36

38

38

38

29

37

44

46

34

41

43

49

46

58

43

61

32

40

39

42

35

41

38

40

33

44

42

47

36

40

99

72

68

62

67

58

Total current assets

6,241

3,555

3,486

3,239

3,239

3,033

3,352

3,521

1,416

1,435

1,638

1,437

1,398

1,332

1,256

1,260

1,530

1,527

1,516

1,580

1,545

1,487

1,646

1,745

1,257

1,080

1,392

1,509

1,587

1,789

1,854

1,703

1,633

1,537

1,287

1,285

1,204

1,285

1,109

2,218

2,183

2,357

2,362

2,265

2,216

Property, plant and equipment

-

-

-

-

-

-

-

-

2,659

-

2,630

2,617

2,599

2,586

2,566

2,559

2,432

2,467

2,464

2,455

2,479

2,487

2,390

2,343

2,397

2,367

2,337

2,231

2,155

2,115

2,018

2,087

2,019

1,958

1,923

1,863

1,789

1,720

1,660

2,691

2,655

2,608

2,440

2,362

2,234

Less accumulated depreciation

-

-

-

-

-

-

-

-

994

-

965

939

914

898

876

853

838

856

860

837

850

830

807

790

913

889

865

845

828

833

819

898

878

857

840

842

824

804

789

1,312

1,295

1,271

1,250

1,210

1,155

Property, plant and equipment, net

1,224

2,066

2,118

2,054

2,051

2,067

2,106

2,090

1,665

1,666

1,664

1,677

1,685

1,687

1,690

1,705

1,594

1,610

1,604

1,617

1,629

1,657

1,582

1,553

1,483

1,478

1,471

1,385

1,327

1,281

1,198

1,188

1,141

1,101

1,083

1,020

964

915

870

1,378

1,359

1,337

1,189

1,152

1,078

Operating lease right-of-use assets

330

349

361

383

401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable—long-term retainages

32

24

49

68

69

62

71

61

40

39

75

92

101

127

125

128

160

155

146

140

136

137

132

145

-

65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in unconsolidated affiliates

74

73

450

446

453

452

444

423

5

8

10

12

13

17

17

27

26

26

29

28

36

38

43

46

48

50

26

28

35

37

35

37

39

42

45

46

48

45

27

101

93

86

86

78

70

Goodwill

56

147

1,335

2,704

2,681

2,654

4,708

3,926

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41

41

41

41

41

41

41

41

41

41

41

41

40

334

325

306

292

299

298

Other intangibles, net

168

179

790

948

979

1,009

1,006

1,039

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current assets of discontinued operations held for sale

-

2,173

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

181

178

17

18

14

18

20

21

6

13

13

18

11

13

17

17

18

18

-

16

-

-

-

-

-

-

-

-

-

-

-

-

-

242

265

275

278

264

335

Assets Held for Sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

10

12

12

12

12

26

28

-

-

55

76

78

78

77

75

-

-

-

-

-

-

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

2

-

2

4

2

13

17

21

18

26

30

31

30

29

41

65

68

75

78

168

178

228

-

-

319

Other non-current assets

175

171

165

156

156

163

188

190

55

57

58

52

31

37

40

38

46

48

74

101

93

79

101

119

221

90

195

197

159

129

175

187

178

184

183

170

164

158

146

271

268

255

284

270

282

Total assets

8,300

8,737

8,754

9,998

10,029

9,440

12,056

11,428

3,200

3,223

3,461

3,291

3,250

3,222

3,138

3,173

3,371

3,387

3,384

3,484

3,460

3,416

3,527

3,643

3,023

2,807

3,157

3,195

3,181

3,333

3,364

3,191

3,065

2,992

2,759

2,707

2,570

2,598

2,348

4,714

4,674

4,849

4,735

4,610

4,601

Liabilities, Mezzanine Equity and Stockholders' Equity
Current liabilities:
Revolving credit facility

-

-

801

379

178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt

2,038

5,107

3,450

-

-

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease obligations

138

140

161

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long-term debt

-

-

-

62

30

-

35

42

24

24

19

13

45

48

50

52

25

24

27

27

27

23

27

26

258

39

41

42

44

14

14

14

10

8

6

7

8

8

8

15

13

16

5

3

9

Current portion of long-term lease obligations

-

-

-

96

97

-

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable ($149 and $182 related to VIEs)

796

1,083

1,421

1,206

949

595

874

906

191

279

511

434

270

173

169

215

298

279

303

326

374

219

292

347

423

398

371

434

302

400

375

318

272

315

299

280

281

252

201

425

366

471

531

487

551

Advance billings on contracts ($504 and $542 related to VIEs)

1,177

1,191

1,359

1,438

1,618

1,954

1,733

1,227

40

32

42

66

89

192

84

101

138

164

97

-

-

199

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

708

816

-

Project-related intangible liabilities, net

8

10

24

38

52

66

76

29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current liabilities of discontinued operations held for sale

426

383

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued pension liability-current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

130

213

173

-

-

45

Accrued liabilities ($64 and $69 related to VIEs)

1,302

1,530

1,517

1,467

1,694

1,564

1,579

1,442

341

372

358

340

273

277

297

269

299

330

377

428

330

369

328

326

383

365

393

328

332

108

395

337

307

116

311

287

280

286

97

162

176

155

127

128

217

Accrued employee-related benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57

-

-

-

29

-

-

-

-

69

146

126

217

237

236

159

Accrued contract costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

203

-

-

-

164

-

-

-

-

70

86

96

103

-

-

97

Advance billings on contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113

162

-

200

204

278

278

312

301

206

241

307

353

358

320

103

92

62

250

147

595

578

689

122

128

951

Income taxes payable

-

-

-

-

-

-

-

123

40

-

31

26

18

17

26

21

21

23

14

24

29

25

16

15

16

20

29

37

70

76

69

55

67

54

46

56

50

32

45

59

71

59

194

207

55

Accrued warranty

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

117

122

118

69

50

120

Liabilities associated with assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

22

23

20

19

-

-

-

-

-

-

Total current liabilities

5,885

9,444

8,733

4,686

4,618

4,217

4,304

3,769

638

707

962

882

697

709

627

661

782

824

838

938

943

857

881

940

1,380

1,120

1,165

1,159

971

1,113

1,175

1,092

1,028

1,021

794

751

720

865

680

1,738

1,764

2,009

1,997

2,059

2,208

Long-term debt

-

-

-

3,388

3,393

3,393

3,397

3,418

512

512

521

526

720

704

704

704

815

819

823

826

834

840

873

878

49

49

53

53

57

88

94

95

82

84

82

74

57

46

45

49

55

56

5

5

6

Long-term lease obligations

279

294

301

379

394

66

68

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

55

59

51

46

47

47

77

-

-

28

-

-

-

-

-

-

-

-

17

17

19

19

17

19

20

17

18

15

16

10

13

13

12

13

3

3

14

12

11

-

-

4

-

-

-

Non-current liabilities of discontinued operations held for sale

-

76

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Self-insurance

-

-

-

-

-

-

-

-

16

-

18

17

17

16

16

19

19

18

19

18

18

17

23

22

21

20

26

25

24

22

27

26

24

23

39

37

36

35

37

91

89

87

84

93

88

Accumulated Postretirement Benefit Obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

105

106

105

106

105

107

Pension liabilities

-

-

-

-

-

-

-

-

14

-

18

19

19

19

23

23

24

24

16

17

18

18

14

15

15

15

24

24

24

25

19

19

20

21

43

44

54

52

31

547

573

610

674

644

682

Non-current other taxes

-

-

-

-

-

-

-

96

63

-

60

60

59

60

60

58

55

52

49

48

48

49

52

57

55

56

-

-

-

55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

804

717

778

705

659

664

614

579

115

186

119

124

117

115

109

109

104

101

83

82

85

94

92

82

89

104

149

167

136

76

124

123

122

107

99

102

97

86

75

152

148

147

142

141

192

Total liabilities not subject to compromise

7,023

10,590

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities subject to compromise

4,578

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

-

-

9,863

9,204

9,111

8,387

8,460

7,862

1,361

1,434

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

-

-

-

-

Mezzanine equity:
Redeemable preferred stock

294

290

271

257

243

230

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Common stock, par value $1.00 per share, authorized 255 shares; issued 196 shares

196

196

185

185

184

183

183

183

294

98

292

292

251

83

249

248

248

246

246

246

246

245

244

244

244

244

243

243

243

243

243

243

243

242

242

242

241

240

240

239

237

236

236

236

234

Capital in excess of par value

3,557

3,553

3,554

3,549

3,545

3,539

3,488

3,480

1,657

1,858

1,660

1,656

1,691

1,861

1,691

1,689

1,685

1,687

1,685

1,684

1,679

1,676

1,663

1,661

1,417

1,414

1,405

1,400

1,394

1,391

1,387

1,383

1,379

1,375

1,372

1,368

1,363

1,357

1,349

1,343

1,323

1,300

1,287

1,274

1,252

Accumulated deficit

-7,082

-5,693

-4,822

-2,935

-2,789

-2,719

56

54

6

-48

-73

-168

-204

-226

-226

-242

-263

-260

-242

-242

-254

-239

-165

-131

-121

-163

252

316

466

445

405

354

301

239

249

238

170

100

55

1,087

1,011

951

852

734

564

Accumulated other comprehensive loss

-177

-103

-222

-181

-165

-107

-84

-75

-50

-51

-53

-56

-64

-66

-67

-65

-66

-93

-104

-94

-116

-97

-150

-119

-122

-47

-129

-156

-100

-94

-80

-110

-99

-102

-142

-129

-148

-163

-148

-598

-596

-612

-590

-624

-672

Treasury stock, at cost: 3 and 3 shares, respectively

96

96

96

96

96

96

96

96

96

96

96

96

95

94

94

93

93

92

92

97

96

96

96

97

97

97

98

99

99

98

98

98

98

95

95

92

92

85

85

83

73

69

67

67

63

Total McDermott Stockholders' Equity

-3,602

-2,143

-1,401

522

679

800

3,547

3,546

1,811

1,761

1,729

1,627

1,577

1,556

1,553

1,535

1,510

1,486

1,493

1,497

1,458

1,488

1,496

1,558

1,320

1,349

1,674

1,705

1,904

1,887

1,856

1,772

1,726

1,659

1,626

1,626

1,535

1,449

1,412

1,988

1,902

1,807

1,725

1,552

1,316

Noncontrolling interest

7

-

21

15

-4

23

49

20

27

28

30

32

41

39

43

60

59

59

59

55

53

50

92

89

90

90

64

60

62

64

65

62

61

74

75

70

68

63

61

42

35

25

6

6

0

Total stockholders' equity

-3,595

-2,143

-1,380

537

675

823

3,596

3,566

1,838

1,789

1,759

1,660

1,618

1,595

1,596

1,596

1,569

1,546

1,552

1,552

1,511

1,539

1,588

1,647

1,411

1,440

1,738

1,765

1,966

1,952

1,922

1,834

1,787

1,733

1,701

1,697

1,603

1,512

1,473

2,031

1,938

1,833

1,718

1,559

1,316

Total liabilities and stockholders' equity

8,300

8,737

8,754

9,998

10,029

9,440

12,056

11,428

3,200

3,223

3,461

3,291

3,250

3,222

3,138

3,173

3,371

3,387

3,384

3,484

3,460

3,416

3,527

3,643

3,023

2,807

3,157

3,195

3,181

3,333

3,364

3,191

3,065

2,992

2,759

2,707

2,570

2,598

2,348

4,714

4,674

4,849

4,735

4,610

4,601